Industrial Boilers Market - Global Industry Analysis

Industrial Boilers Market - By End-User (Chemical & Petrochemicals, Metals & Mining, Paper & Pulp, and Food & Beverages), By Fuel Type (Natural Gas & Biomass, Coal, and Oil), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 20-Jul-2021 Category: Heavy Industry Report Format : PDF Pages: 120 Report Code: ZMR-6497 Status : Published

The global Industrial Boilers market accrued earnings worth approximately 14.4(USD Billion) in 2020 and is predicted to gain revenue of about 23.5(USD Billion) by 2028, is set to record a CAGR of nearly 5.8% over the period from 2021 to 2028.

Description

The global Industrial Boilers market accrued earnings worth approximately 14.4(USD Billion) in 2020 and is predicted to gain revenue of about 23.5(USD Billion) by 2028, is set to record a CAGR of nearly 5.8% over the period from 2021 to 2028. The report offers assessment and analysis of the Industrial Boilers market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

 Industrial Boilers Market: Overview

Industrial boilers are utilized by myriad industries such as petrochemical, chemical, food & beverages, and power. Furthermore, these products produce steam which is then utilized effectively for carrying out heating procedures. This steam that is produced is then transferred to site of operation via different kinds of pipes. Apart from this, for steam production, industrial boilers make utilization of various fuel types such as biomass, oil & gas, non-fossil fuels, and fossil fuels. Thriving chemical and petrochemical sectors in emerging economies will help industrial boilers industry explore new dimensions of growth in foreseeable future.

Industrial Boilers Market: Growth Drivers

Massive allocation of funds for building giant power ventures will drive industry trends. Apparently, thriving food processing sector will culminate into humungous expansion of industrial boilers market over anticipated timeframe. In addition to this, protruding usage of natural gas & demand for effective operations will prompt business landscape. Apart from this, industrial boilers find slew of applications in textiles & fabrics owing to its operational efficacy & compact design. Swift industrialization and large-scale funding of thermal power projects in developed countries as well as emerging economies will steer expansion of industrial boilers market in upcoming years.  Need for incessant power supply is one of the major factors influencing growth of industrial boilers market. Nevertheless, huge deployment costs are projected to create obstacles in path of growth of industrial boilers market.

Furthermore, expanding capacities of manufacturing units and deployment of new industrial boilers in food & beverages sector will define industrial boilers market growth over predicted timeline. Additionally, escalating necessity of energy proficient boiler tools is slated to prop up industrial boilers industry space over ensuing years. Large-scale product penetration across chemicals, pulp & paper, and metal & mining will favorably influence industrial boilers business. Massive use of industrial boilers in power generation activities will embellish use of industrial boilers in near future.

Global Industrial Boilers Market

Regional Landscape

Asia Pacific To Make Marked Contributions Towards Overall Market Revenue By 2028

The rapid expansion of industrial boilers market in Asia Pacific during forecast period is due to large-scale industrialization along with high focus on infrastructural growth in power production & industrial sectors. Apart from this, manufacturers are trying to produce green products due to environment concerns & as a part of their corporate social responsibility. This, in turn, will prompt business growth over anticipated timeline. Introduction of stringent emissions laws in countries like China and India to reduce fuel emissions in atmosphere will prompt regional market surge in the upcoming years.

Competitive Landscape

Key player profiled in study and leveraging market expansion include Alfa Laval AB, Bharat Heavy Electricals Limited, GE Power, IHI Corporation, Mitsubishi Hitachi Power Systems Ltd., Thermax Limited, Sofinter Group, Siemens AG, Robert Bosch GmbH, John Wood Group PLC, Harbin Electric Company Limited, and DEC Limited.

The global Industrial Boilers Market is segmented as follows:

By End-User

  • Chemical & Petrochemicals
  • Metals & Mining
  • Paper & Pulp
  • Food & Beverages

By Fuel Type

  • Natural Gas & Biomass
  • Coal
  • Oil

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Industrial Boilers Market, 2018–2028(USD Billion)
    • 2.2. Industrial Boilers Market: Snapshot
  • Chapter 3. Global Industrial Boilers Market– End-User Analysis
    • 3.1. Industrial Boilers Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Massive investments for building giant power ventures will carve new growth trajectory for industrial boilers industry.
      • 3.2.2. Flourishing food processing sector will translate into huge expansion of industrial boilers market over projected timeline.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By End-User
      • 3.4.2. Market attractiveness analysis By Fuel Type
  • Chapter 4. Global Industrial Boilers Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Industrial Boilers Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Industrial Boilers Market– End-User Analysis
    • 5.1. Global Industrial Boilers Market overview: By End-User
      • 5.1.1. Global Industrial Boilers Market share, By End-User , 2020 and 2028
    • 5.2. Chemical & Petrochemicals
      • 5.2.1. Global Industrial Boilers Market by Chemical & Petrochemicals, 2018–2028(USD Billion)
    • 5.3. Metals & Mining
      • 5.3.1. Global Industrial Boilers Market by Metals & Mining, 2018–2028(USD Billion)
    • 5.4. Paper & Pulp
      • 5.4.1. Global Industrial Boilers Market by Paper & Pulp, 2018–2028(USD Billion)
    • 5.5. Food & Beverages
      • 5.5.1. Global Industrial Boilers Market by Food & Beverages, 2018–2028(USD Billion)
  • Chapter 6. Global Industrial Boilers Market– Fuel Type Analysis
    • 6.1. Global Industrial Boilers Market overview: By Fuel Type
      • 6.1.1. Global Industrial Boilers Market share, By Fuel Type, 2020 and 2028
    • 6.2. Natural Gas & Biomass
      • 6.2.1. Global Industrial Boilers Market by Natural Gas & Biomass, 2018–2028(USD Billion)
    • 6.3. Coal
      • 6.3.1. Global Industrial Boilers Market by Coal, 2018–2028(USD Billion)
    • 6.4. Oil
      • 6.4.1. Global Industrial Boilers Market by Oil, 2018–2028(USD Billion)
  • Chapter 7. Company Profiles
    • 7.1. Alfa Laval AB
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product Portfolio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Bharat Heavy Electricals Limited
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product Portfolio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. GE Power
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product Portfolio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Development
    • 7.4. IHI Corporation
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product Portfolio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Development
    • 7.5. Mitsubishi Hitachi Power Systems Ltd.
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product Portfolio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. DEC Limited
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product Portfolio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Harbin Electric Company Limited
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product Portfolio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. John Wood Group PLC
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product Portfolio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. Robert Bosch GmbH
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product Portfolio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development
    • 7.10. Siemens AG
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Product Portfolio
      • 7.10.4. Business Strategy
      • 7.10.5. Recent Development
    • 7.11. Sofinter Group
      • 7.11.1. Overview
      • 7.11.2. Financials
      • 7.11.3. Product Portfolio
      • 7.11.4. Business Strategy
      • 7.11.5. Recent Development
    • 7.12. Thermax Limited
      • 7.12.1. Overview
      • 7.12.2. Financials
      • 7.12.3. Product Portfolio
      • 7.12.4. Business Strategy
      • 7.12.5. Recent Development

List of Figures

1. Market research Type
2. Market research methodology
3. Global Industrial Boilers Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Industrial Boilers Marketattractiveness, By End-User
6. Global Industrial Boilers Marketattractiveness, By Fuel Type
7. Global Industrial Boilers Marketshare by End-User ,2020 and 2028 (USD Billion)
8. Global Industrial Boilers Marketby Chemical & Petrochemicals, 2018–2028(USD Billion)
9. Global Industrial Boilers Marketby Metals & Mining, 2018–2028(USD Billion)
10. Global Industrial Boilers Marketby Paper & Pulp, 2018–2028(USD Billion)
11. Global Industrial Boilers Marketby Food & Beverages, 2018–2028(USD Billion)
12. Global Industrial Boilers Marketshare by Fuel Type ,2020 and 2028 (USD Billion)
13. Global Industrial Boilers Marketby Natural Gas & Biomass, 2018–2028(USD Billion)
14. Global Industrial Boilers Marketby Coal, 2018–2028(USD Billion)
15. Global Industrial Boilers Marketby Oil, 2018–2028(USD Billion)
16. Global Industrial Boilers Marketshare, by Region, 2020 and 2028
17. North America Industrial Boilers Market, 2018–2028(USD Billion)
18. Europe Industrial Boilers Market, 2018–2028(USD Billion)
19. Asia Pacific Industrial Boilers Market, 2018–2028(USD Billion)
20. Latin America Industrial Boilers Market, 2018–2028(USD Billion)
21. The Middle East and Africa Industrial Boilers Market, 2018–2028(USD Billion)


List of Tables

1. Global Industrial Boilers Market: snapshot
2. Drivers of the Industrial Boilers Market: impact analysis
3. North America Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
4. North America Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
5. The U.S. Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
6. The U.S. Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
7. Rest of North America Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
8. Rest of North America Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
9. Europe Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
10. Europe Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
11. UK Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
12. UK Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
13. France Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
14. France Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
15. Germany Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
16. Germany Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
17. Rest of Europe Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
18. Rest of Europe Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
19. Asia Pacific Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
20. Asia Pacific Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
21. China Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
22. China Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
23. Japan Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
24. Japan Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
25. India Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
26. India Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
27. Rest of Asia Pacific Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
28. Rest of Asia Pacific Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
29. Latin America Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
30. Latin America Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
31. Brazil Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
32. Brazil Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
33. Rest of Latin America Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
34. Rest of Latin  America Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
35. The Middle East and Africa Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
36. The Middle East and Africa Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
37. Saudi Arabia Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
38. Saudi Arabia Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
39. South Africa Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
40. South Africa Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)
41. Rest of the Middle East & Africa Industrial Boilers Market revenue, By End-User  ,2018–2028(USD Billion)
42. Rest of the Middle East & Africa Industrial Boilers Market revenue, By Fuel Type  ,2018–2028(USD Billion)

 

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